The Chesapeake Bay is the largest estuary in the United States located between Maryland and Virginia lying inland from the Atlantic Ocean. It has more than 150 major rivers and streams that are a part of the Chesapeake watershed covering parts of six states including: New York, Pennsylvania, Delaware, Maryland Virginia and West Virginia. Nearly 17 million people living in areas that feed into the Chesapeake Bay watershed and affect the Bay water quality. The Bay plays a very important role in Maryland and Virginia economy, providing economic resources which include: crabs, oysters and rockfish, as well as recreational activities in and around the water. Due to the increased amount of pollution in the water, the population of wildlife as well
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It steal leaves the question what is the monetary worth of pursuing the programs suggested by the Chesapeake Bay Restoration and Protection Plan. To test the connections their results aid in understanding both the benefits of improving the Bay and the value of nonmarket techniques. They believed that this will help them understand how people use the Bay, the way in which it can bring them enjoyment, and the paths through which environment quality affects them. To do this they wanted to measure if human behavior 3and physical and biological water quality changes has any relationship. In their study they want to test both the benefits of improving the Chesapeake Bay and the value of nonmarket benefits techniques to understand human value of better water quality. Although there are many ways people can benefit from improving the water quality, there are also cost that would have to be placed on the society to improve the water quality. For example, agricultural best management practices impose restrictions on farms and an increase in the general public’s taxes. To really find the best way to test the value people put on the Bays services was to calculate the people’s willingness to pay for access to the recreational activities of the Bay and how their willingness to pay changes as …show more content…
They wanted to exploit behavior based methods to gain insight into specific uses and to buttress the broad results. To test this they used the Tobit model for three recreational activities beach, boating and fishing use in the Bay. Starting with the beach use model they conducted a stratified sample and surveyed 484 people at 11 public beaches on the western shore of Maryland during the summer of 1984. Out of the 484, they found that income is insignificant but ownership of stock variables which include: boat, recreational vehicle and swimming pool, are significant. In table 2 in the appendix, you can see that the access cost are all negative and are the most statistically significant variables to estimate the beach demand. To estimate the Tobit demand coefficients for boating in Maryland counties they used a survey of boaters sponsored by the University of Maryland Sea Grant Program and the Maryland Programs in 1983. They sampled 496 registered boat owners in Maryland. They found that own price, substitute price and boat value are all significant and suggests that wealthier people or people with bigger boats take more boating trips. But they also found that income has no significant relationship with the amount of boating trips in the Bay. With striped bass fishing in Maryland they used the 1980 National Survey of Fishing, Hunting, and Wildlife-Associated Recreation (NSFHW) that
It steal leaves the question what is the monetary worth of pursuing the programs suggested by the Chesapeake Bay Restoration and Protection Plan. To test the connections their results aid in understanding both the benefits of improving the Bay and the value of nonmarket techniques. They believed that this will help them understand how people use the Bay, the way in which it can bring them enjoyment, and the paths through which environment quality affects them. To do this they wanted to measure if human behavior 3and physical and biological water quality changes has any relationship. In their study they want to test both the benefits of improving the Chesapeake Bay and the value of nonmarket benefits techniques to understand human value of better water quality. Although there are many ways people can benefit from improving the water quality, there are also cost that would have to be placed on the society to improve the water quality. For example, agricultural best management practices impose restrictions on farms and an increase in the general public’s taxes. To really find the best way to test the value people put on the Bays services was to calculate the people’s willingness to pay for access to the recreational activities of the Bay and how their willingness to pay changes as …show more content…
They wanted to exploit behavior based methods to gain insight into specific uses and to buttress the broad results. To test this they used the Tobit model for three recreational activities beach, boating and fishing use in the Bay. Starting with the beach use model they conducted a stratified sample and surveyed 484 people at 11 public beaches on the western shore of Maryland during the summer of 1984. Out of the 484, they found that income is insignificant but ownership of stock variables which include: boat, recreational vehicle and swimming pool, are significant. In table 2 in the appendix, you can see that the access cost are all negative and are the most statistically significant variables to estimate the beach demand. To estimate the Tobit demand coefficients for boating in Maryland counties they used a survey of boaters sponsored by the University of Maryland Sea Grant Program and the Maryland Programs in 1983. They sampled 496 registered boat owners in Maryland. They found that own price, substitute price and boat value are all significant and suggests that wealthier people or people with bigger boats take more boating trips. But they also found that income has no significant relationship with the amount of boating trips in the Bay. With striped bass fishing in Maryland they used the 1980 National Survey of Fishing, Hunting, and Wildlife-Associated Recreation (NSFHW) that